| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD3 |
| Closing Date | 9/30/2004 |
| Collateral Factor Date | 3/1/2005 |
| |
| Performance Summary | |
| Current Pool Factor | 79.99% |
| |
| Delinquency Status (*) | |
| 30+ Days | 5.80% |
| 60+ Days | 2.91% |
| 90+ Days | 1.37% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.14% |
| Foreclosure | 2.63% |
| REO | 0.29% |
| |
| Cumulative Net Loss | 0.00% |
| Loss Severity | 0.29% |
| |
| Prepayment Experience | |
| 1mo CPR | 29.23% |
| 3mo CPR | 33.11% |
| 6mo CPR | 35.15% |
| Life CPR | 35.15% |
|